Real Money

Alvarion®
Ltd.
(NASDAQ: ALVR), a global provider of optimized
wireless broadband solutions addressing the connectivity, coverage and
capacity challenges of public and private networks, announced today that
...

Alvarion® Ltd.(NASDAQ: ALVR), a global provider of optimized wireless broadband solutions addressing the connectivity, coverage and capacity challenges of public and private networks, announced today that Zimbabwean wireless broadband provider, uMAX, an operating division of Dandemutande Investments Ltd., completed the deployment of its wireless broadband network based on Alvarion’s 4Motion® 802.16e solution throughout the capital city of Harare. Now serving a few thousand household residents and business users, and with growing brand recognition of its blue giraffe logo, uMax’s network is Zimbabwe’s first 4G network delivering high-speed wireless broadband services to households and small businesses in the 2.5 GHz frequency. The deployment is valued at over $1 million.

“Alvarion’s 4Motion solution enabled us to deploy a scalable, field-proven solution that makes it possible to deliver a unique broadband customer experience to the residents of Harare, one that is in line with our company goals and enjoyable brand,” commented Colin Franco, Chief Technical Officer of Dandemutande. “We believe that there is a significant opportunity in the Zimbabwean market for a high quality broadband service provider and are confident that with our state-of-the-art network we can deliver the kind of customer experience that will pave the way for ongoing growth and profitability of our business.”

“uMAX’s point of difference in the market is premised on its superior broadband experience delivered by our solution and we are excited to have been part of its success to date,” said Hezi Lapid, President and CEO of Alvarion. “Alvarion continues to reinforce its leadership position in the wireless broadband market in Africa by offering the latest wireless broadband technology solutions that best fit this market. Our continued success underscores the extent of our expertise and our ability to help our customers stay ahead of the competition in challenging, competitive environments.”

In 2013, Dandemutande plans to expand its uMAX network beyond the capital to other cities in Zimbabwe.